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Suppose the government sets an effective price floor for agricultural products such as wheat and milk. This price floor will: A. result in an excess
Suppose the government sets an effective price floor for agricultural products such as wheat and milk. This price floor will: A. result in an excess supply of the good. B. have no effect on the price of the good. C. increase the quantity supplied of the good. D. result in an excess demand for the good
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